Asia Rubber-Prices set to fall on rising supply, thin demand

Newswire

By Apornrath Phoonphongphiphat
BANGKOK, July 30 (Reuters) - Asian rubber prices were
expected to drop further due to slowing demand and rising
supply, with Thailand planning to offload stocks later in the
year.
"Normally the weather should be fine over the next few weeks
and supply should rise substantially, so buyers are waiting to
buy at lower prices," said a trader in Thailand's Hat Yai rubber
centre.
Most tyremakers stayed on the sidelines as ...

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